Engineered leak-sealing solution specialist Kinetics Controls & Innovation (KCI) is going to transfer shares to an employee ownership trust (EOT). The transfer means the business will continue to operate with the same vision and values and so deliver the success and quality that its customers expect.
Founder and CEO Roy MacKenzie said that he wanted to safeguard the company and its valued employees as his retirement drew near.
KCI’s managing director Kevin Watt said the transition marked “a significant milestone in our company’s journey and reflects our commitment to our employees and the long-term success of our business.”
KCI saw turnover rise from £2.5mn in 2021-22 to £2.9mn the following year and is projecting a 10% growth in turnover year over year for the next five years.
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